Feeds

Exit the Dragon – Belgian firm eats it, smacks its lips

Lernout & Hauspie pays $600 million to allow headline

  • alert
  • submit to reddit

3 Big data security analytics techniques

Speech firm Lernout & Hauspie bought Dragon Systems yesterday for $587 million in a share trade, so snapping up the lion's share of the speech recognition market in the US. The acquisition by the Belgian company makes it the biggest speech recognition player in the US market. Dragon Systems had nearly 50 per cent market share in the US. Lernout & Hauspie, which last November opened a speech recognition science park in Flanders, and is also promoting a third-party venture capital scheme based in the small European country, has equity investments from both Intel and Microsoft. The latest acquisition will make Lernout & Hauspie one of the biggest players in the market. Although IBM has voice recognition software, the large investments it made in research and development over a number of years have so far failed to catapult it into the position it originally wanted. Speech recognition technology, is unlikely ever to [supply the] supplant keyboard technology, [that] but is likely to have a significant role in hand-held and other vertical [or decay us] applications. The paragraph above used trained L&H speech recognition technology and shows the type of difficulties that can be encountered by relying on it completely. The incorrect words or phrases are in brackets. Training the software to completely recognise human speech patterns takes some time, requires a relatively quiet ambience. People talking to their PCs is not completely outre - people screaming at them is, however, rather more common. Nevertheless, the technology has made great strides in recent years, aided by fast microprocessors and larger quantities of DRAM on systems. As well as making inroads into speech recognition, L&H also has an ambitious machine translation programme, augmented by worldwide bureaux, manned by humans, which tweak the results. ® Related Story Flanders Valley Park sails into action

Combat fraud and increase customer satisfaction

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.